earnings
confidence high
sentiment positive
materiality 0.75
FrontView REIT Q2 AFFO $0.33/share, raises 2026 AFFO guidance to $1.32-$1.34
FrontView REIT, Inc.
- Q2 net income $1.5M ($0.03 EPS); AFFO $9.4M ($0.33/share) vs $9.0M ($0.32) YoY.
- Raised 2026 AFFO per share guidance to $1.32-$1.34 (midpoint $1.33, 7% growth) and net investment to ~$120M.
- Acquired 17 properties for $58.2M at 7.34% cap rate; sold 10 for $22.9M. Occupancy 99.4%.
- Raised $50.5M via ATM at $19.50/share; total liquidity $208.2M, fully funded through 2027.
- Dividend maintained at $0.215/share; AFFO payout ratio 64.7%.